The purpose of this proposal is to vote on providing 250,000 CVP rewards per week to users who fund the CVP/ETH Uniswap Pool. The current rewards are 182,000 per week and are scheduled to be cut in half to 91,000 per week on Dec 31st, 2020. Rewards will continue to vest over a 10 week period.
The benefits of increasing the Rewards for the CVP/ETH Pool;
1 - The price of the CVP token is essential to the health of the PowerPool EcoSystem. By increasing rewards for this pool, it will incentive users to hold and purchase additional CVP tokens for the Increased Rewards.
2 - Liquidity is just as important as price…with the Tester Rewards set to begin distributing in April of 2021 over an 18 month period, it is extremely important the project has large amounts of liquidity to absorb the possible selling by these token holders.
This proposal would set the Pool Rewards for the CVP/ETH Uniswap pool at 250,000 CVP tokens per week beginning on Jan 1st, 2021 and expire on Dec 31st, 2021 after which time the Pool Rewards would reset back to the original 91,000 CVP Reward Tokens per week.